How Does Cashback Work?

How Does Cashback Work? Everything You Need to Know

You’ve probably heard the term cashback many times—but what exactly is it?
It almost sounds too good to be true: you spend money and get some of it back.

In this guide, we’ll walk you through:

• What cashback is
• How it works
• Why it’s so popular
• And how you can benefit from it with the king+ Mastercard

What Is Cashback?

Cashback literally means “money back”.

With cashback, you receive a percentage of the amount you spend back onto your card or account. It’s a type of reward system offered by:

• Banks
• Card providers
• Certain shops and platforms

…as a way to reward you for using their services.

Example:

• You spend €100
• Your card gives you 3% cashback
• You get €3 back

The more you spend (within reason), the more cashback you collect.

How Does Cashback Work on Cards?

With the king+ Mastercard, cashback is calculated automatically every time you pay with the card.

• You pay as usual – in-store, online, or while travelling
• The system calculates your cashback in the background
• Your refund is credited without you having to do anything extra

No forms, no codes, no manual requests – it just works.

Types of Cashback

There are different ways cashback can be structured. Here are some of the most common models:

1. Percentage-Based Cashback

You receive a fixed percentage back on all or certain purchases.

For example:

• The king+ Mastercard offers up to 3% cashback on your spending.

Simple, clear, and easy to understand.

2. Category-Based Cashback

Some providers give higher cashback rates in specific categories, such as:

• Travel
• Restaurants
• Groceries
• Online shopping

This can be especially attractive if your spending habits match those categories.

3. Cashback Within Bonus or Rewards Programmes

In addition to pure cashback, some cards offer:

• Extra discounts at partner merchants
• Reward points that you can redeem
• Voucher or gift card options

Cashback then becomes part of a broader loyalty system.

Why Is Cashback So Popular?

Cashback has become one of the most favoured card perks—and for good reason.

✅ It’s an Easy Reward

You:

• Pay as usual
• Get money back

No extra steps, no complicated rules—just a direct benefit for your everyday spending.

✅ It’s Transparent

• You see exactly how much you get back
• The money is yours, not just a discount on future purchases
• You keep full control over how you use your cashback

✅ You Save While You Spend

For frequent card users, cashback can really add up over time.

• Daily expenses turn into small savings
• Large purchases can result in noticeable cashback

It’s not “free money”—you’re still spending—but it’s a smart way to get more value out of your payments.

How to Earn Cashback with the king+ Mastercard

With the king+ Mastercard, earning cashback is effortless:

• Use your card to pay just like any other card
• A percentage of your spending is credited back to you

Your benefits at a glance:

• Up to 3% cashback on your purchases
• Full visibility and control over your cashback in the king+ app
• Worldwide acceptance – in-store, online and while travelling

You’re not only paying securely and flexibly—you’re also getting rewarded for it.

Final Thought: Cashback as a Simple Way to Save

Cashback isn’t just a nice extra—it’s a simple, smart way to reduce your effective spending.

With the king+ Mastercard, you can:

• Pay safely and conveniently
• Use your card all over the world
• And benefit from generous cashback on many of your everyday expenses

Spend smart, get money back—and make your card work a little harder for you. 💳💸

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